Northern Dynasty Minerals Ltd. · TSX:NDM
Northern Dynasty Minerals — Investor Presentation (June 2023)
21 slides from Northern Dynasty Minerals's investor presentation, Jun 21, 2023
Slide 1: The Pebble Project
THE PEBBLE PROJECT Helping to Secure America’s Green Future JUNE 2023 TSX: NDM NYSE American: NAK
Slide 2: Cautionary & Forward Looking Information
NORTHERN DYNASTY MINERALS LTD. Cautionary & Forward Looking Information PLEASE REVIEW CAREFULLY This presentation includes certain statements that may be deemed "forward-looking statements" under the United States Private Securities Litigation Reform Act of 1995 and under applicable provisions of Ca
Slide 3: Summary: Strong risk/return potential
NORTHERN DYNASTY MINERALS LTD. Summary: Strong risk/return potential Copper: Pebble: Pebble: Pebble: AN IMPORTant Metal A U.S.-Based The right mine A Path For America’s World Class at the right time Forward Green Future Resource Transition to Green Energy Largest undeveloped Two government agencies
Slide 4: Significant Deficit Forecast For Copper
NORTHERN DYNASTY MINERALS LTD. Significant Deficit Forecast For Copper World Refined Copper Usage (1900-2018) 4 Copper Bull-Market now fully under way1 25,000 • “The bull market for copper is now fully underway with prices up 50% from the 2020 lows, reaching their highest level since 2017” 20,000 Th
Slide 5: Urgent Need for Significant Copper Projects
NORTHERN DYNASTY MINERALS LTD. URGENT NEED FOR SIGNIFICANT Copper PROJECTS1 “Miners need to invest over $100 billion over the next 8 years to meet copper demand” said Erik Heimlich, head of base metals supply at CRU, said speaking at the 2022 CRU World Copper Conference held in Santiago, Chile. “Tha
Slide 6: Where Will The U.S. Get Its Copper?
NORTHERN DYNASTY MINERALS LTD. Where Will The U.S. Get Its Copper? World’s top copper projects predominantly located outside of the U.S • 60% of contained copper in top copper projects is foreign based; 40% “held-up” in U.S. permitting Pebble ranks as the largest undeveloped copper project globally
Slide 7: Pebble: A World Class Mineral Resource
NORTHERN DYNASTY MINERALS LTD. Pebble A World Class Mineral Resource Resources 6.5 B tonnes of Measured & Indicated 4.5 B tonnes of Inferred Recoverable Metal Measured & Indicated Inferred Copper 53 B lb 23 B lb Gold 54 M oz 28 M oz Molybdenum 2.8 B lb 1.8 B lb Silver 249 M oz 122 M oz Rhenium 1
Slide 8: Pebble Untapped Exploration Potential
NORTHERN DYNASTY MINERALS LTD. PEBBLE Untapped Exploration Potential World’s Most Extensive Mineral System1 A zone of sulphide mineralization is indicated by an induced polarization chargeability anomaly at least 25 km by 7 km in size Sulphides and hydrothermal alteration confirmed by drilling that
Slide 9: Pebble Still Working Its Way Through the Permitting Process
NORTHERN DYNASTY MINERALS LTD. PEBBLE STILL working its way through the permitting process Negative Record of Decision (ROD) Issued: November 25, 2020 Public Interest review (PIR) found Pebble to be ‘not in the public interest’ Compensatory mitigation plan (CMP) deemed ‘non-compliant’ ROD and PIR de
Slide 10: Appeal of USACE Record of Decision Remanded
NORTHERN DYNASTY MINERALS LTD. MAY 2023 Appeal of USACE Record of Decision REMANDED Under U.S. regulatory law, permitting decisions for major development projects must be based on an ‘administrative record’– which, in Pebble’s case, includes the Final EIS published by the USACE in July 2020 Northern
Slide 11: Fundamental Flaws With EPA's Final Determination
NORTHERN DYNASTY MINERALS LTD. Fundamental FLAWS WITH EPA’s FINAL Determination PLP’s submitted to the EPA (Sept 2022), noting flaws in their veto EPA has not exhausted specific measures during the permitting process to voice and address its concerns before issuing a Section 404(c) veto 404(c) actio
Slide 12: EPA's Final Determination Next Steps
NORTHERN DYNASTY MINERALS LTD. PEBBLE EPA’s final Determination NEXT STEPS On September 6, 2022, 14 U.S. States signed a letter asking the EPA to withdraw its proposed determination saying it “creates a dangerous precedent”1 On January 31, 2023 Governor Dunleavy’s office released a statement, titled
Slide 13: NDM secures innovative royalty agreement up to $60 million
NORTHERN DYNASTY MINERALS LTD. NDM secures innovative royalty agreement up to $60 million on non-core metals The Pebble Project requires time, patience and sufficient liquidity to successfully navigate the established legal process and continue ongoing efforts to work with the people in the region N
Slide 14: Summary: Strong risk/return potential
NORTHERN DYNASTY MINERALS LTD. Summary: Strong risk/return potential Copper: Pebble: Pebble: Pebble: AN IMPORTant Metal A U.S.-Based The right mine A Path For America’s World Class at the right time Forward Green Future Resource Transition to Green Energy Largest undeveloped Two government agencies
Slide 15: Supportive Shareholder Base
NORTHERN DYNASTY MINERALS LTD. Supportive Shareholder Base Fully % Ownership2 Issued & Outstanding Options & other1 Diluted 100% 529.78 M 28.31 M 558.09 M INSTITUTIONAL 15.1% 90% Major Shareholders5 80% Balance Sheet & Trading Liquidity • Kopernik Global Investors LLC 70% C$9.4 M Cash & Cash Equival
Slide 16: Appendix
NORTHERN DYNASTY MINERALS LTD. APPENDIX
Slide 17: Pebble Good Mining Ground
NORTHERN DYNASTY MINERALS LTD. Pebble Good Mining Ground Pebble Resource Estimate using a 0.3% CuEq cutoff Classification Tonnes Grades Recoverable Metal CuEq Cu Au Ag Mo Re Cu Au Ag Mo Re Million % % g/t g/t ppm ppm B lb M oz M oz B lb Kg Measured 527 0.65 0.33 0.35 1.7 178 0.32 3.35 4.58 20.4 0.
Slide 18: Pebble Plan View and Cross Section
NORTHERN DYNASTY MINERALS LTD. PEBBLE Plan View and Cross Section The Pebble resource is based on 699 diamond core holes and >59,000 samples. Mineralization extends over a 4km by 3km area East-West Cross Section Through the Approximate Centre of the Resource Looking North A A’ Plan View at the Top S
Slide 19: EPA Fails to Follow its own Process
NORTHERN DYNASTY MINERALS LTD. EPA Fails to Follow its own Process EPA “May Affect” Letter (3a) EPA “Will Affect” Letter (3b) Notice of Intent Environmental to Proceed Protection Agency Environmental CASE Elevation (“EPA”) must notify Protection Agency Review of Corps the U.S. Army Corps (“EPA”) mus
Slide 20: Proven Leadership
NORTHERN DYNASTY MINERALS LTD. APRIL 2023 Board of directors PROVEN Leadership Robert Dickinson Chairman Mr. Dickinson, an economic geologist with more than 40 years of mineral exploration experience who is an inductee of the Canadian Mining Hall of Management Fame, leads Northern Dynasty’s project
Slide 21: Thank You
TSX: NDM NYSE American: NAK Thank You COPPER: A Critical Metal For The U.S. Green Future PEBBLE: Contact Information A U.S.-Based World Class General Office 14th Floor Suite 405, 2525 Gambell Street Resource 1040 W. Georgia Street Anchorage AK 99503 Vancouver, BC Phone: (907) 339-2600 PEBBLE: Canada
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